Mexico auto output, exports rise in September

MEXICO CITY (Reuters) -- Mexican auto production and exports rose in September compared with the same month last year, the Mexican Auto Industry Association said on Monday.

Mexico auto output was up 10.7 percent in September to reach 267,674 vehicles, while shipments grew 2 percent to 220,239 units, AMIA said.

The association said the surge in September exports was due to a jump in shipments to Canada, which totaled 26,625 cars for the month. Exports to the top destination for Mexico-built light vehicles, the United States, fell 0.2 percent during the month to 152,133 units.

Vehicles and auto parts make up around a fifth of Mexico's manufactured exports, one of the main pillars in Latin America's second-biggest economy.

During the first nine months of the year, auto production in Mexico grew 7.5 percent to total 2.4 million vehicles while exports during the same period rose 8.7 percent to reach 1.95 million units.